Totally Integrated Production Chain can offer Unique Advantages to Christina Pond Cannabis in Commercializing Distillate Oils

Two members of CLC’s removal team hold dried biomass (left) in addition to crude oil (right) while watching Company’s Vitalis R-200 CARBON DIOXIDE extraction machine
VANCOUVER, Indian Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE Supercritical CO2 Extraction Machine) -- Christina Body of water Cannabis Corp. (the “Company” or perhaps “CLC” or “Christina Water Cannabis”) (CSE: CLC) (FRANKFURT: CLB) is pleased to announce that one of its cannabis distillate oils may be certified to have the tetrahydrocannabinol (“THC”) concentration associated with 90. 3% based for a certificate of analysis old January 15, 2021 from the testing laboratory accredited through Health Canada. The Company recently publicised its intent to primarily concentrate on producing cannabis distillate oils simply by extracting from its 2020 pick of 32, 500 kg / 71, 650 pound of biomass grown below natural sunlight. Based in market demand for distillate oils, which typically contain THC concentrations in excess of 90%, the Company believes it's uniquely positioned in the cannabis marketplace to be a competitive supplier of distillate oils. Additionally, the Company is planning to blend cannabis-derived terpenes featuring its distillate oils, a combination has only recently been requested inside the Canadian cannabis industry in spite of being relatively common inside other markets.

As any fully integrated producer with cannabis oils, the Company is favourably operating out of the Canadian cannabis industry on account of its control over and visibility in the production chain. CLC features a genetic databank consisting involving over 100 proprietary cannabis strains as well as a total inventory of around 600, 000 seeds, which usually it began cultivating outside the house last spring at the facility in Christina Sea, British Columbia with more than 950, 000 square feet / 88, 258 rectangular metres of outdoor mature space. After harvesting in addition to processing the crop, the organization then extracts oils by its dried biomass using its Vitalis R-200 CO2 extraction machine. This season, the Company has recently been successful in producing financial quantities of market-ready winterized cannabis acrylic with distinct terpene profiles, which have been sought-after for use within recreational products under Cannabis 2. 0 for adult buyers (e. g.,vapes, edibles, topicals) as well as in medicinal products.

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In CLC’s January 13, 2021 press release, it absolutely was announced that the Company was beginning to create ultra-high potency cannabis distillate oils, examples of which are presently considering independent third-party assessment of THC levels and various metrics. Distillate oils are certainly not commonly used as a standalone product, but rather for ingredient in products that may be enhanced through your addition of concentrated THC (e. g.,food and beverage, private care, cosmetics). Although the option to produce cannabis distillate oils just isn't unique in and with itself, the Company benefits from several advantages it's got as a fully integrated producer which will allow for lower chance, above-average profit margins, and also greater supervision.

Cost connected with Raw Materials: Cultivating cannabis outdoors naturally using sunlight provides for substantially lower costs when compared with growing in greenhouses or maybe indoors. Given the ratio of dried biomass required for each millilitre of cannabis acrylic, even small differences in the price tag on biomass can have a tremendous effect on the profitability on the producer of cannabis concentrated amounts.

Robust Supply: Because the exact yield rate of distillate essential oil from dried biomass is just not always known, producers of cannabis extracts often risk depleting their supply incase yields are lower in comparison with expected. As the Company’s inaugural crop garnered 32, 500 kg / 71, 650 pound of biomass, CLC possesses a sufficient supply of raw material to handle this risk without a significant effect on earning.

Extraction Costs: Extraction is a function that is usually outsourced by cannabis producers, which tends to be more costly than extracting in-house. The business owns its Vitalis R-200 CARBON DIOXIDE extraction machine and many ancillary equipment, and has extraction personnel on team. As such, the Supercritical CO2 Extraction Machine Company’s somewhat low costs of removal could prove advantageous in reducing CLC’s net price tag of producing cannabis distillate oils.

In-House Visibility: Another disadvantage of outsourcing cannabis extraction to some third party is a deficiency of ongoing visibility into your processes. Observations made during each step of the way from initial removal to final distillation are necessary to ensuring a consistent and high-quality finished solution, especially when controlling with regard to operational variables and distinctive properties of specific strains. CLC’s extraction workflows are created to gather insights in great depth, which is usually analyzed collaboratively to create cultivation and business decisions depending on observations from empirical files collected during extraction.

Joel Dumaresq, Chief Executive Officer plus a director of the Corporation commented, “Part of our ideas with Christina Lake Cannabis wasn't just to maximize that advantages that come through growing outdoors, but also integrating about we can into our in-house operations making sure that we can do elements other licensed producers are not able to necessarily do. There a variety of moving parts to any agricultural product including the seed, to the setting whereby it is grown, to techniques for cultivation, to harvesting, to post-harvest activities such as extraction. We have sought to bring all of this in house which can enable us not alone to reduce costs, but also to oversee every single step to ensure consistent quality. As we function towards making our primary sales of cannabis concentrated amounts, it is becoming clear that we have done many stuff right, and we are self-assured that market reception can reflect this and give us the chance to further optimize our approaches for our second year involving growing and beyond. ”

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Christina Water Cannabis Corp. is an authorized producer of cannabis below the Cannabis Act. It's secured a standard farming licence and corresponding processing/sales amendment from Health Canada (March 2020 along with August 2020, respectively) and also a research and improvement licence (early 2020). CLC’s facility involves a 32-acre property, along with over 950, 000 sq . feet of outdoor mature space, offices, propagation and also drying rooms, research features, and a facility dedicated to processing and extraction. CLC also owns a 99-acre stretch of land adjoining its principal 32-acre internet site, which enables the Company to build at a much more substantial scale. CLC cultivates cannabis utilizing strains specifically developed to get outdoor cultivation and in its inaugural harvest yr produced 32, 500 kg (71, 650 lb) about its existing facility prior to developing an adjacent 99-acre growth property. Such an extension will ultimately bring CLC’s total annual cultivation footprint to around 4. 35 million square feet, which could enable a minimum of 150, 000 kg (330, 693 lb) of low-cost, high-quality, sun-grown cannabis to become produced annually by the organization.

Forward-Looking Details: This news release includes certain statements which may be deemed “forward-looking statements. ” Using any of the words and phrases “anticipate, ” “continue, ” “estimate, ” “expect, ” “may, ” “will, ” “would, ” “project, ” “should, ” “believe” and similar expressions are that will identify forward-looking statements. Even though the Company believes that the expectations and assumptions which the forward-looking statements will be based are reasonable, undue reliance should not be positioned on the forward-looking statements for the reason that Company can give not any assurance that they will end up being correct. Since forward-looking transactions address future events along with conditions, by their quite nature they involve natural risks and uncertainties. These statements speak only by the date of this kind of News Release.